YEARLY HIGH
2154.9170 IRR
YEARLY LOW
1556.1746 IRR
YEARLY AVERAGE
1879.6418 IRR

2011 NOK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 2154.9170. Conversely, the yearly low was recorded on November 26, dropping to 1556.1746.

This high-to-low spread represents a total annual volatility of 598.7424 IRR. From a start-to-finish perspective, comparing the January average rate of 1771.5257 to the December average rate of 1837.3753, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2154.9170 was up 18.04% compared to the 2010 peak of 1825.6156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 10,774,585 IRR
2010 Average 8,340,377 IRR
Yearly Trough Low 7,780,873 IRR
Transaction Impact: A difference of 2,993,711.78 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2031.4654
1717.7508
JanuMarcMayJulySeptNove

NOK to IRR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1882.4052, compared to 1876.8784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5268 points.

H1 Avg (Jan–Jun) 1882.4052
H2 Avg (Jul–Dec) 1876.8784

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 379.2686 IRR (High: 1935.4433 / Low: 1556.1746). On the other end, August was the most stable month, with a tight range of 65.3001 IRR (High: 1980.0472 / Low: 1914.7471).

November Spread (Volatile) ±379.2686
August Spread (Stable) ±65.3001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 140.3003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -140.3003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 2005.3226) against the same month in 2010 (average: 1546.4110), the exchange rate shifted by +458.9115 (+29.68%).

2011 Avg (June) 2005.3226
2010 Avg (June) 1546.4110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1802.2166 1732.1561 1771.5257
February 1847.0488 1770.0079 1807.5624
March 1885.7657 1814.2995 1847.7896
April 2004.9268 1893.4019 1934.4518
May 2004.9268 1890.3903 1927.7794
June 2154.9170 1944.5839 2005.3226
July 1987.0175 1883.9030 1946.2169
August 1980.0472 1914.7471 1944.6897
September 1968.7864 1833.7709 1904.9007
October 1978.2634 1807.8006 1884.1941
November 1935.4433 1556.1746 1743.8937
December 1896.2739 1580.0055 1837.3753